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It was great for Hugh to catch up recently with Tom Murdoch, Managing Director, Craig Yeoman, Head of Finance, Matt Nicoll, Sales Director and Nigel Jenkins, Non-Executive Director of Aberdeen based Brimmond.

Brimmond was established as a family business in 1996 and specialises in the design, manufacture, rental and repair of lifting, mechanical and hydraulic equipment for industry. Brimmond is the first company in the UK to offer a full 360° manufacture, rental and support package for high-pressure net cleaning pumps for the offshore aquaculture sector with their NetJet™ 350D.

Around the time Brimmond exhibited at ADIPEC Exhibition and Conference 2024, as part of the Scottish Development International pavilion, Brimmond reported an exceptional 2024 with their turnover increasing by 74% to £11.4m and their headcount increasing by 30%. Notable high-value contract wins across multiple sectors have contributed to this exceptional financial position including a 5-year service contract with British Antarctic Survey for crane servicing and engineering support on the Royal Research Ship (RRS), Sir David Attenborough. The company’s largest service contract to date will see Brimmond become the main hydraulic contractor for refit periods, working across the ship’s Rosyth and Harwich bases.

ADIPEC 2024 was a great opportunity to better understand the market opportunities for Brimmond in the Middle East. In the big picture, the EIC (Energy Industries Council) DataStream project database is now tracking 509 energy projects in the GCC region with a market value for the region of almost US$750 billion for the period to 2030:-

• Oil & Gas (upstream, midstream and downstream) – US$462 billion (272 projects);
• Power and transmission/distribution – US$115 billion (94 projects); and
• Energy Transition (renewables, hydrogen, CCS, energy storage) – US$169 billion (143 projects).

HFI is keen to play a key role in supporting clients’ business growth opportunities in the Middle East energy transition – routes to growth include acquisitions, local partner ventures, in region group structures, technology supply and technical services contracts (TSTSCs) and in-region manufacturing ventures (IMVs), with advanced energy technology licensing and local manufacturing, procurement, employment and training being a growing policy objective in Saudi Arabia, the UAE and Oman.